As employers increasingly focus on diversity, equity and inclusion in their human resources policies and benefits programs, KPMG in Canada has introduced a daily living benefit that provides coverage for living aid equipment for employees. Some examples of equipment that qualifies under the new benefit are chairlifts, grab bars and bathroom equipment such as bath […]
The provision of employer-sponsored benefits has evolved significantly over the last 45 years, with the past decade ushering in the most consequential changes, fueled by technology, increased competition and demand. In the 80s and 90s, benefits plans were very siloed and one size fits all, says Chris Pryce, founder and president of Human Capital Benefits, […]
Our industry sometimes gets a bad rap for being overly traditional and slow to change. But there’s no question we’ve seen some major shifts in employee benefits over the past 45 years. Three of those shifts will have implications for employers going forward. Greater onus on the individual to save for retirement Over the years, […]
I was a little daunted to write a piece for Benefits Canada’s 45th anniversary issue — it has been almost 15 years since I last penned a column for the magazine and I’m a little out of practice. The assignment seemed straightforward — 500 to 600 words on how benefits have evolved or what’s expected […]
The firm’s benefits, pension and well-being leader discusses diversity, equity and inclusion strategies, destigmatizing mental illness and improving her sewing skills. Q: What new programs or initiatives are you looking to implement? A: This year, we launched a reimagined benefits program that included a variety of DEI-focused benefits. In the coming year, we’re looking to […]
Quebec-based consulting firm Big Bang ERP Inc. is supporting employee well-being through a focus on social and personal wellness, as well as enhanced benefits. Through its wellness committee, known as SoWell, the employer organizes group activities like sports or games nights, as well as yoga classes, healthy lunches and mindfulness mornings, says Julie Brunet, director of […]
Eight in 10 (80 per cent) small- and medium-sized employers in Eastern Canada say they don’t provide employee benefits, according to a new survey for Medavie Blue Cross by Abacus Data. The survey, which polled SMEs and SME workers in Ontario, Quebec and Atlantic Canada, found a third (35 per cent) of SMEs that don’t […]
An article on Ontario’s incoming electronic monitoring policy was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Ontario’s electronic monitoring policy ensures employer transparency: lawyer 2. Expert panel: How employers, employees can mitigate workplace microaggressions 3. Majority of plan sponsors, plan members view their health benefits […]
The union representing full-time support workers at Ontario’s 24 public colleges has ratified a three-year collective agreement that includes a new mental-health benefit, coverage for medical cannabis and an enhanced bereavement leave. The new mental-health benefit will be added in September 2023, providing plan members with up to $1,750 per year for mental-health services, including […]
More than three-quarters (78 per cent) of plan sponsors say they’re concerned about the coronavirus pandemic’s long-term impact on the cost of health benefits plans, up from 71 per cent in 2021, according to the 2022 Benefits Canada Healthcare Survey. Among these respondents, 31 per cent strongly agreed with this statement, up from 23 per cent […]